tv Economic Divide US sanctions on Iran and Russia PRESSTV December 13, 2024 12:02am-12:31am IRST
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"when a country is a superpower in the world means that it can project power over countries, now that is usually associated with military equipment like bombs and tanks, but there's another weapon that is commonly used and that is the use of sanctions. the us is a leader, if you follow my foreign policy, i'll impose sanctions, that is their mantra, but there are countries like russia and iran who have..."
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that is the key question we'll be tackling in this edition of the program. bypassing us sanctions is a skill made into an art by iran, one which russia has aspired to do also, but how is it achieved? there are lots of challenges when it comes to bypassing us sanctions. one of the ways of doing that is a new financial system. that's something that both russia and iran have established between themselves, especially bypassing the swift financial. system and architecture in place between iran and russia is the way to go around that. then we're looking at uh we call the big stiff, the dedollarization. basically that is something that can cut the long arms of the us sanctions, once seen in trade blocks and also in bricks. well, in this edition of the program we will talk to two our guests to uh can elaborate more on this. olek barabanov from moscow state university. we also have leonid saven who's the founder of the journal of eurasian affairs.
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the iranian experience to leave under sanctions to promote the industrial development. in russia also we see the we see now the industrial revival i would say in russia. us sanctions have helped sanction countries like iran and more ways than one. this a snapshot of iran's manufacturing output from 2021 to 2020. there was an 8.48% increase, from 2020 to 2021, there was a 50.32% increase, and here is how russia has faired under us sanctions, a 3.3% increase on a monthly basis to over 251 billion, 4.8% since the start of 2023. yes, it is true that this is in part due to military production.
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with the enlargement of prix, now we have a... as the member country of bricks and that is very good thing for russia. i believe that the cooperation with russia is a strategic cooperation and it's to the benefit to iran and russia as our dear neighbor. all bricks countries before and after the enlargement, russia, china, indians, brazil and so on, we have. our country is need to activate cooperation in such areas as technology, education, efficient resource development, trade and logistics, finance and insurance and also to multiply the amount
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of capital expenditure. this is a developing story that we're looking at and it reads. "what's next for syria's battered economy and it political upheaval, with oil production, a fraction of what it was before the war, and with the currency and turmoil, the country will need time and support to recover. syria's economy could take a decade to overcome the turmoil of war. now we ask, why does the us still control syria's oil fields while imposing draconian sanctions like the caesar sanctions, which hurt ordinary syrians? again, the syria story is a developing one, we'll be taking a closer look at..." what comes out of that country in the days and weeks to come, this is the social media part of our
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program where we take a look at social media post of significance. first up, such ridiculous propaganda, western media outlets claim that hong kong is a hub for financial crime. what is their evidence? well, china doesn't follow unilateral us sanctions, which are illegal under international law. china can trade with russia, iran and north korea. that is not a crime. well, the reason why us sanctions don't work are many, but the primary reason is that it is flawed in thinking that this will hurt, for example, the iranian governments. this only hurts ordinary iranians, and that is what one of the goals of the us is to instigate an uprising against the government. and here is proof actually of how the... there is always a way, neither confirmed or denied, by the way, by our program, where hong kong has turned into a hub, including export of controlled western technology to russia, and the creation of front companies to buy iranian oil. well, this entry was made by journalist ben norton who had this picture as
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his profile picture. look at how much of the world the us has used military interventions. i think the picture speaks for itself. and here's a case of shooting yourself in the foot. or following the us blindly, massive us and eu sanctions against russia has continued to this day, but at what cost, the eu has been blinded at how the us has pushed it into situation where it has de-industrialized. take a look at the impact of russian sanctions on the german auto industry, which is going into the abys. record losses. first of all, i think that sanctions kind of double standards and imposed by the west, and it shows that it's not work for russia, for iran, for north korea and for other
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countries, sanctions in some ways positive for both countries, because we start to develop our economy, why? because we depended. of western companies, they see us like very large markets and to provide some goods from medicine to aircraft. now we more independent and we developed our economics from agriculture sectors and in russia now we now restart our aviation industry and i think it's very good and if we will join our effort. effect will be more good for both of our country, russia and iran. we've talked about how the eu has shot itsself in the foot, using germany as an example, well here's a case of how the us
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has also shot itself in the foot when it comes to losses that it has exercised from the sanctions. okay, this figure over here is very telling. 19 billion in losses yearly, the amount of imports and exports to respective sanction countries which result in the 19 billion. financial western system, at least it's called like international system, but originally it's western. international system, not only dollar, but also stock markets and some swift system, other issues used like weapon by the
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this is the inf news section of the program. our first entry focuses on france and its economy, the reason the collapse of france's governments. that is. further burdening its weak economy, already struggling with flat growth, including a large debt and deficit, the country faces a new period of instability without a functioning government or a budget. now france's prime minister, in case you haven't heard, has resigned, bachnier, his name, last name. then we move on to another crisis, this country, south korea, the one that's experiencing uh an economy that was rattled by marshall law decree. now, even before a short-lived declaration of this martial law thrus the country into the crisis mode, the economy... face grim prospects, the uh stock market was one of the worst performing in the world this year, its currency has
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weakened more against the us dollar than other major asian currencies, and the economy has largely stagnated. different powers have different interests in sudan, but why have some western powers adapted a hostyle stands towards the legitimate government of sudan while the people suffer from genocidal violence perpetuated by rs of rebels in the country, china is said to be working to
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establish a new mediation path between the government of sudan and the rsf rebels. now can china's potential role in the mediation process bring about an end to the conflict in sudan? there is concerned that sudan is headed towards state collapse. what needs to be done to put sudan back? from the brink of disintegration, this is the indepth section of the program, when it comes to countries heavily sanctioned by the us, russia and iran take the number one and two spots, both have been hurt by these sanctions and they have also benefited, it's it's important to see how us's excessive use of sanctions have led to not only it becoming less effective, but to also lead to us's isolation.
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it was in 2024 that the us imposed three times as many sanctions as any other country or international body, targeting a third of all nations with some kind of financial penalty on people, properties or organizations. this means a third of all nations are under us sanctions of some kind. this is the situation. as of april of 2024, you're seeing the countries uh that follow that, actually not the country comes even remotely close to the number of sanctions applied by the us, as you can see in second place is switzerland with over 500 sanctions, followed by the european union with 4808, the uk with 4,360, canada with 4292 and australia with 3023. when you
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take a look at the un, that has had 875. active sanctions as of april 2024. let's uh bring back our guest to see what uh uh he thinks about this. in this case, we have um olakbanov who rejoins us. he's a deputy director of eu politics at the european studies institute at the moscow state university. welcome back. oh, like russia and iran have for a while now made a pivot to the east uh, along with countries the global south, i must say trading blocks have uh been very pivotal to this, like bricks, eeau and the... ceo, do you think that these moves along with dedollarization is actually going to help break the stranglehold that um western countries have on iran and russia, especially the us and the eu? yes, that's true that russia now is actively doing a policy of turning east, let's say, because before the
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ukrainian conflict, the majority of our economic interest ' were at the western market, mainly in the eu market, and now fortunately the russian government has understood that it was not useful, useful and for for our national interest to be connected only to the west. well, thank you for that. olive, let me ask you uh, this, if you're taking a look at countries uh that in particular are attractive. for iran and russia to do business with, um, is it just limited to those countries for example, or are they the countries that are within the trading blocks? so now for two years, we we in russia we are developing our partnership is various regions of the global south, with iran for sure, we
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have very close economic relations now with other countries in asia, but also we are quite active in in africa. okay, thank you for that. uh, when we take a look at the way that sanctions have actually uh played out, it's important uh to take a look at the trend and actually how it went along. it actually spiked during the last four us governments uh and reached uh the current us president joe biden uh where the fever pitch so to speak, in which he imposed over 6,00 of sanctions, that's a lot in just a matter of two years. by cutting their targets off from the western financial system, sanctions can actually crush national industries, it could erace obviously personal fortunes and upset the balance of political power. now the number of sanctioned entities also has appeared to be growing fast, but almost too fast uh for the treasury department of the us. we take a look at this, the
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jack jack lee was a former us secretary uh treasury secretary said this about sanctions that is said sanctions. overreach and then when you add to that another startling fact that in washington the swell of sanctions have actually spawn the multi-billion dollar industry, foreign governments and multinational corporations, they spend exorbitant sums to influence the system, while white shoe law firms and lobbing shops have built booming sanctions practices, and they've done that in part by luring government officials to cash in on their... that's quite incredible. all right, let's bring back our guests uh leonid seven and see what he thinks of this. leonied, taking a look at russia and iran, they have for a while now made a pivot to the east, that's very obvious in their trading partners along with countries of the global south. um, put that into perspective for us in terms of the blocks that they are also a part of, especially iran that is moved to be a member of
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bricks for example, and the eeau and the sceo. will these moves along with the dedollarization help break the us stranglehold in terms of sanctions on these countries? yes, we have new terms like global east and global source and boss concept i use it like one, it's like alternative to the global west, actually it's a kind of civilizational choice like samuel hunting told many years ago and that it's some kind of treat if the... will be clash of civilizations, now we see that only one western civilization is kind of danger for other type of civilization on global souls, on global east and other. region like latin america and so i think it's very good that many countries now start to understand these situations and
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we both with iran can to bring more kind of alternative views on world politics, it's very important because decolonization not means only political level or economical level, it's also mean of political philosophy, it's also mean deconization of minds, hello and welcome to the quick tech section, i'm it was april 2023 and it was a starting admission, the us secretary janet jallen said us sanctions on iran are simply not working, or at least working much less that we would like to. is that the case for other sanction countries as well? take
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the case of north korea, while causing significant harm to civilians economic sanctions have failed to prevent north korea's use and production of its ballistic missile and nuclear weapons programs. there are other countries which us sanctions have failed in achieving us objectives, although these sanctions do inflict harm and pain including life threatening once, there is one reason countries have chosen not to buckle and that is us regime change objective. this can be applied to a handful of countries like iran, russia, venezuela, cuba, china can also be included in this category. citizens of the countries realize that failures the us regime change approaches have had in countries like iraq, yemen, libya and syria, although syria's future remains to be seen since the government there has just fallen, yet the boldest declaration made. the ineffectiveness of us sanctions was a declaration made from a us publication which indicated that us sanctions only do not work but have a detrimental effect on the us
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itself. the headline read america's love of sanctions will be its downfall. saying that measures intended to punish autocrats are eroding the very western order they were meant to preserve. this order that the us is meant to preserve is now one that has expired. the us cannot maintain it since there is a the world order. this is what the us secretary of estate has stated on the matter. we will remain focused on the most serious, long-term challenge to the international order, and that's posed by the people's republic of china. china is the only country with both the intent to reshape the international order and increasingly the economic, diplomatic, military and technological power to do it. blinking calls china most serious long-term threat to world order. that beijing's vision would move us away from universal values that have sustained so much of the world's progress. this is while the us is guilty of that. and that does it for this
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edition of quick tech section. any questions or comments, please send them to us. contact info is coming up. i'm kyorash and i'll see you next week. "the quest for domination is a short-sided policy directive which does not yield the desired results. that is the case with sanctions. illegal sanctions are ones that do have a negative impact, but it's the population at large that suffers, not the intended officials with mixed results. may i add, if any, like in the case of russia and iran. this is..." devides website page. please check out some of our other programs and while you are at it drop us a line in the comment section. i'm covita and i'll see you next week.
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the syrian conflict has reached a critical turning point, espashadle assets regime collapses the story of resistance and the role of iran in stabilizing a... factured nation comes into sharper focus, from countering terrorist threats to leading reconciliation efforts, iran's pivotal role reshaped serious future while guarding its sovereignty, but just hours after assad's
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israeli entity forces moved into syrian territory sparking urgent questions about their true role in the conflict. was this invasion opportunistic or part of a brotal long hidden agenda? and what does it reveal about the future of syria and the region at large? the syrian collapse this week on the mediast stream.
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israel conducts her drone strike on southern lebanon once again violating a seizfire deal that came into effect in late november. dozens of palestinians are killed in latest israely attacks on the besieg gazo ship and leaders answer morns muslim nations against plots hashed by the us and israel to change west asia and subjugate all muslim nations.
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